The total capacity allotted under the reverse auction was 1,000 Mw under Build Own and Operate (BOO) model where the successful developer can set up the solar project anywhere in India and supply power to MSEDCL under 25 year Power Purchase Agreement (PPA).

The company said it has provided battery swapping and charging stations to taxi aggregator Ola for their pilot project at Nagpur in which 200 vehicles including bus, auto and car--- all running on electricity.

ACME Group, on Wednesday announced that it is has expanded its current portfolio to around 1,329 MW after winning a 100 MW project at Pavagada Solar Park in Karnataka at Rs 4.79 per unit. This was part of the tender for setting up for 500 MW Solar Park in the state.

The ongoing field development and EOR/IOR projects are expected to produce a cumulative of 54.6 million tonne (mt) of crude oil and 114 billion cubic meter (bcm) of natural gas in the next three to four years, the report said.